The Nigerian Electricity Regulatory Commission (NERC) says 22 companies have been given approval to take over the distribution and installation of prepaid meters.
The development was made public in a statement signed by the commission’s general manager, Usman Abba-Arabi, The Cable reports.
Legit.ng gathers that the companies are Holley Metering Ltd, Huawei Technology Company Nigeria Ltd, Bilview Energy Ltd, Chintech Electro Nigeria Ltd, MEMCOL, and Meron Nigeria Ltd.
Others are Integrated Power, MBH Power, Trimani Engineering, Sapropel Energy Resources, Megawatt Distribution International, and Unistar Hi-Tech Systems.
Also included are Imperial Infrastructure Development Company, Ratio Consulting, Protogy Global Services, Paktim Metering, Sabrud Consortium, Tinuten, Kayz Consortium, BTS Power, CIG Metering Assets, and Cresthill Energy also received approvals.
Approval was granted to the companies after due diligence was conducted on the documents they submitted in their applications.
NERC added that the application exercise is continuous and other companies are welcome.
Recall that Legit.ng previously reported that a new class of operators was introduced by the Nigerian Electricity Regulatory Commission, in order to increase the supply of prepaid meters.
The development was made public by NERC’s commissioner, legal, licensing and compliance, Dafe Akpeneye, at the 25th monthly power sector meeting which took place in Uyo.
The commissioner disclosed that the regulation was borne out of an effort to find solutions to the unavailability of meters in the country.
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